10 startups join Endeavor & FMO’s cohort to accelerate agrifoodtech in Africa
The year-long program is designed to prime Africa’s agrifoodtech VC pipeline by supporting early-stage startups with investment and business readiness.
The year-long program is designed to prime Africa’s agrifoodtech VC pipeline by supporting early-stage startups with investment and business readiness.
The Dakar-based startup is boosting linkages between smallholder farmers and small-scale vendors in Senegal’s informal retail sector.
Food retailers need technologies that can automate the supply chain to minimize disruptions and optimize inventory management.
Fresh off its $110 million funding round, Nigeria’s TradeDepot is pushing the boundaries of digitalization and financing for Africa’s small food businesses and retailers.
The Riyadh-based B2B marketplace said it’ll use the Series A funds for geographical expansion, and to launch new products and verticals.
Chicago-based impact investment fund VestedWorld has supported more than 20 African startups addressing critical social and market needs, like improving cost and value chain for food.
Full Harvest’s recent Series B fundraise will go towards accelerating data insights for sellers and buyers of surplus and imperfect food.
The Food Security Fund will be used to finance 250,000 hectares of commercial and smallholder farmland in Nigeria for climate-smart production.
The UK startup will use its insect farms to turn food waste from Morrisons supermarkets into feed for hens to produce ‘carbon-neutral’ eggs.
Symbotic said it’ll use the proceeds to “accelerate its growth plans” and “efficiently deliver on its contracted backlog.”
The Lagos-based startup is aiming to make the country’s food supply chain much more predictable for stakeholders by using data, drivers, and loans.
Trella, Capiter, and MaxAB are among dozens of startups that have raised funding of late to overhaul Egypt’s fragmented and inefficient B2B logistics space.
The Series A round led by Collaborative Fund will allow the Boston-based startup to enhance its ‘liquidation platform’ that helps CPG brands reduce food waste.
The New York-based startup will use the Series A funding to scale up its platform that provides traceability and food preservation tools in then form of spray-on microbes.
The South African private equity firm’s second fund invests in the tech enablement of Africa’s SME agribusinesses – the backbone of the continent’s agriculture sector.
Kenya has emerged as a hotspot for agtech innovation in Africa, developing more than 100 solutions driving growth, productivity and sustainability in the agricultural sector.
The Rwandan company has experienced — and taken on — the full range of food production, manufacturing, and distribution challenges one would expect in a frontier market, says founder Lauren Nkuranga.
Pre- and post-production supply chain processes are already the main contributor to agrifood-related GHG emissions in advanced economies, a new study says.
Agriculture 4.0 will give farmers the opportunity to diversify their businesses like never before, increasing both profitability and sustainability.
The US fresh produce platform will use the funds to “turbocharge our software and services growth and extend our e-commerce reach from coast to coast,” said CEO Mike Xu.